Zhejiang Double Arrow Rubber Dividends and Buybacks
Dividend criteria checks 4/6
Zhejiang Double Arrow Rubber is a dividend paying company with a current yield of 3.77% that is well covered by earnings.
Key information
3.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.1% |
| Dividend Growth | 8.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Zhejiang Double Arrow Rubber (SZSE:002381) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 05
Zhejiang Double Arrow Rubber Co., Ltd.'s (SZSE:002381) Business And Shares Still Trailing The Market
Jun 06Additional Considerations Required While Assessing Zhejiang Double Arrow Rubber's (SZSE:002381) Strong Earnings
Apr 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002381's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002381's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Double Arrow Rubber Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002381) | 3.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (002381) (up to 3 years) | 5.1% |
Notable Dividend: 002381's dividend (3.77%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002381's dividend (3.77%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.3%), 002381's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002381 is paying a dividend but the company has no free cash flows.